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bgoogle
Guest
State: CA
Situation: Four years ago I signed a contract with my alarm company to monitor my security system. This month I changed alarm companies and notified the original company that I wanted to terminate my monitoring agreement. They informaed me that the contract I signed calls for automatic 1 year extensions if I do not notify them in writing 30 to 60 days prior to the contract end date. They claim that I owe them the balance of the contract which has about 9 months remaining.
Question: Are these types of contracts legal? Do I need to pay them the balance of the contract? What are my options?
Situation: Four years ago I signed a contract with my alarm company to monitor my security system. This month I changed alarm companies and notified the original company that I wanted to terminate my monitoring agreement. They informaed me that the contract I signed calls for automatic 1 year extensions if I do not notify them in writing 30 to 60 days prior to the contract end date. They claim that I owe them the balance of the contract which has about 9 months remaining.
Question: Are these types of contracts legal? Do I need to pay them the balance of the contract? What are my options?